|From Page 321 of Theodosia and the Pirates: The Battle Aganst Britain|
Jean Laffite sold things for cash. Some merchants complained that this was not fair. He was depleting the specie supply! But what were they really complaining about? Established merchants do not want competition from people who do not have their overhead.
Today, brick and mortar stores have been fighting sales on the internet. In my state, I can no longer be an Amazon associate because of the taxation laws that have been passed. And in some states, the government has moved to outlaw cash sales outside a regular store. Who benefits? Not the consumer.
In Louisiana, it is now illegal to buy and sell things for cash at a yard sale.
Supposedly, this is meant to prevent the sale of stolen goods. But everyone knows that it's all about the sales tax that big stores have to collect from the customer, and that small individual sellers have been evading so far.
When cash is outlawed, only outlaws will use cash! What is deeply ironic is that today cash is just worthless paper money. What on earth is preventing the people of Louisiana from going back to the gold standard?